EPL, a global leader in laminated plastic tube packaging backed by Blackstone, on Sunday said that it will merge with Indovida India, a rigid polyethylene terephthalate (PET) packaging platform owned by Indorama...
National News
Bankruptcy court admits BSE-listed Supha Pharmachem under Insolvency Resolution Process
The bankruptcy court in Mumbai has admitted the listed pharma firm, Supha Pharmachem (formerly Remedium Lifecare), to the Corporate Insolvency Resolution Process (CIRP) and has appointed Rajesh Jhunjhunwala as the...
NARCL set to acquire debt of Kay Bouvet Engineering
The National Asset Reconstruction Company (NARCL) is set to take over the Rs 1,000 crore debt of specialised equipment maker Kay Bouvet Engineering after its Rs 130-crore offer did not receive a challenging bid, people...
Sula Vineyards inks deal to acquire Chandon’s Nashik winery
Sula Vineyards said it has signed a definitive agreement with Moet Hennessy India to acquire the wine production facility and estate of Chandon in Dindori, Nashik, as part of its expansion strategy. Spread across 19...
Board of Aegis Vopak approves sale of 10% stake in Aegis Terminal (Pipavav)
The board of Aegis Vopak Terminals (AVTL) at its meetings held on 26 March 2026 has approved the following: – Proposed sale of 10% of the equity stake i.e 5000 equity shares of Rs 10/- of Aegis Terminal (Pipavav)...
Competition Commission clears merger of Udemy with Coursera’s arm
The Competition Commission of India on Wednesday approved the proposed amalgamation of Coursera’s arm Chess Merger Sub with Udemy Inc. US-based Coursera is a global education technology company that operates a...
ArisInfra Solutions to merge with ArisUnitern RE Solutions
ArisInfra Solutions Limited (ARIS), one of India’s leading tech-enabled supply and services companies for the construction and real estate sectors, has approved the amalgamation of ArisUnitern RE Solutions, its...
Bad bank framework set for overhaul with NARCL-IDRCL merger
Five years after being floated, India’s bad bank framework is set for a structural change, with plans underway to merge the National Asset Reconstruction Co (NARCL) and India Debt Resolution Co (IDRCL), people...
Consortium led by ABG and The Times of India Group acquires RCB for $1.8 billion
A consortium comprising Aditya Birla Group, The Times of India Group, Bolt Ventures and a Blackstone fund has acquired Royal Challengers Bengaluru (RCB) for $1.78 billion, setting surging valuation benchmarks for T20...
NCLAT declines Vedanta’s plea to stay Adani Group’s bid to acquire JAL
The National Company Law Appellate Tribunal (NCLAT) on Tuesday declined to grant an interim stay on Vedanta Group’s plea challenging the National Company Law Tribunal (NCLT)’s decision to approve Adani...
Kajaria Ceramics acquires balance 10% stake in Kajaria Surfaces
Kajaria Ceramics has acquired 9,50,000 (i.e. 10%) equity shares of Kajaria Surfaces. Consequently, Kajaria Surfaces has become a wholly-owned subsidiary of the Company. The purpose of the acquisition was to make Kajaria...
AMG Media Networks completes acquisition of IANS India
AMG Media Networks, a wholly owned subsidiary of Adani Enterprises, has completed the acquisition of the balance stake in IANS India [24% Category I shares (with voting rights) and 0.74% Category II shares (without...
